Norsta Blog

The Chancellor delivered his Autumn Budget yesterday, this time to a fuller, but not packed, House of Commons. It was essentially a “post-Covid era” Budget…

The government has just announced some important postponements in its efforts to fully digitalise and streamline the UK tax system. A parliamentary statement was presented…

Part of the government’s Covid measures include relief for unincorporated businesses that incurred losses as a result of the pandemic. Note this only applies to…

George & Mary bought their family home in 1996. It costs them £265,000. The property and the separate garage stand in a plot which is…

Now that furlough has drawn to a close, businesses should brace for a significant flood of letters from HMRC as the government looks to recoup…

The Finance Act 2021 introduced the capital allowance “super-deduction” and special rate first year allowance as a temporary measure. These provide relief for companies on…

The Health and Social Care tax… or the National Insurance and Dividend Tax hike? The government needs extra cash to fund investment in health and…

Farmer Brown owns a piece of land which has suffered a genuine reduction in value in the five years of ownership. He bought it for…

An interesting query appeared in a recent edition of a professional magazine concerning habitual gifts out of surplus income. An accountant has a wealthy client…

Pensions have long been shrouded in mystery. Current rules introduced on 6 April 2015 have made them much more intelligible and attractive. The two main…